In Seven Months, NGX Attracted N369.83bn FGN Bonds, Other Listings    The Nigerian Exchange Limited (NGX), attracted a total of N369.83 billion new listings across equities, FGN Bonds, mutual funds, and derivatives categories in seven months of 2023. The numbers obtained by Economic Confidential revealed that corporate...

DMO To Raise N1.2trn Via FGN Bonds In Q1, 2023   The Debt Management Office, DMO, yesterday announced plans to raise up to N1.2 trillion through FGN bonds in the first quarter of the year 2023. The DMO disclosed this in its FGN Bonds issuance calendar for...

FG’s Borrowing From Local Investors Rises By 21% In H1, 2022   The Federal Government borrowed N4.2 trillion from local investors in the first half of the year (H1’22), representing 21 per cent, year-on-year YoY, increase from N3.89 trillion borrowed in the first half of 2021...

FG Raises N1.923trn Through Savings, FGN Bonds In Eight Months       In a development that shows sustained investors’ confidence in the Nigerian debt market, the federal government through the Debt Management Office (DMO) in raised a whooping N1.923 trillion from bond auctions from January till date. The...

DMO Offers August FGN Bonds At 10% Interest Rate The Debt Management Office (DMO) is offering two and three years’ savings bonds for the month of August at 10.3% and 11.3% interest rates respectively to raise capital for the 2019 Budget. This was contained in a...

FGN Bonds Top N8.63trn Pension Funds’ Assets, NBS Reveals   Total pension funds’ assets under management increased to N8.63trn in the fourth quarter of 2018 (Q4 2018), compared to N8.32 trillion in Q2, according to the National Bureau of Statistics (NBS). FGN bonds accounted for 52.49 per...